bearish
It Remains Dry in the US - A Problem For Grain Prices?
SUMMARY
- It Remains Dry in the US - A Problem For Grain Prices? Many areas in the U.S. remain quite dry for this time of the year.
- Compared to 2016 and 2019 the drought index DSCI remains in fact quite elevated.
- But we also can say that a high DSCI doesn’t necessarily mean upside pressure for grain prices.
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